₦airaland Forum

emmanuelewumi:
Opportunity for long term investors to buy Zichis and average down

Nawa o!

megawealth01:
JAMB’s approved cut-off marks of 150 for universities and 100 for polytechnics...

Jamb should list on the Nigeria stock market

Those cut-off marks are too low.
During our time, you better achieved a score of 200 or forget admission into the university!
One of the reasons why I abandoned school and followed Kabiru to chase rabbits inside bush at Ayetoro.

megawealth01:
You are a wickedt man

The people recruited to defend the share price just like the way Emefiele defended the Naira will need to restrategize and pay more influencers.

I am surprised that insiders are not clearing the offers

emmanuelewumi:
The people recruited to defend the share price just like the way Emefiele defended the Naira will need to restrategize and pay more influencers.

I am surprised that insiders are not clearing the offers

So defending the naira, the national currency, is now a crime or a sin?
I don't get some of these fallacious generalization!

emmanuelewumi:
Market capitalization is not needed and does not make sense but a Price Book Value ratio of 71 for stock with a Return on Equity of 28% makes sense

As a value investor, "a price-to-book ratio of 71 for a stock with a return on equity of 28%" does not make sense. But then again, the people buying into Zechi before you crashed it were not doing so as investors; it was simply a trade , buy and sell higher. I know you understand this. We were just out there trying to collect some of the subsidy the current government was denying us, and now you have shut it down.

Bad belle.

Ha!!! 37.5% ... Abi is Jamb denominator not 400 again? Have things truly deteriorated to this extent?

megawealth01:
JAMB’s approved cut-off marks of 150 for universities and 100 for polytechnics...

Jamb should list on the Nigeria stock market

emmanuelewumi:
Opportunity for long term investors to buy Zichis and average down

Ol’ boy ee. See awoof 😂

emmanuelewumi:
Market capitalization is not needed and does not make sense but a Price Book Value ratio of 71 for stock with a Return on Equity of 28% makes sense

What about the 500% growth rate?

If maintained?

Shalom428:
Ha!!! 37.5% ... Abi is Jamb denominator not 400 again? Have things truly deteriorated to this extent?

Your required courses in the universities have a pass mark of 30% and compulsory courses 40%. So?

In which school, sir? Per NUC standard, you must score 40% to have E in any course. Anything below that is F.

Agbalowomeri:
Your required courses in the universities have a pass mark of 30% and compulsory courses 40%. So?

ositadima1:
As a value investor, "a price-to-book ratio of 71 for a stock with a return on equity of 28%" does not make sense. But then again, the people buying into Zechi before you crashed it were not doing so as investors; it was simply a trade , buy and sell higher. I know you understand this. We were just out there trying to collect some of the subsidy the current government was denying us, and now you have shut it down.

Bad belle.

Madam of this thread is very pissed now ...lol

Agbalowomeri:
Your required courses in the universities have a pass mark of 30% and compulsory courses 40%. So?

I doubt it, Oga Agba.

GeeKudi:
In which school, sir? Per NUC standard, you must score 40% to have E in any course. Anything below that is F.

Exactly

Agbalowomeri:
What about the 500% growth rate?

If maintained?

500 growth bawio
Are the chicken going to start laying golden eggs

Agbalowomeri:
What about the 500% growth rate?

If maintained?

If maintained for the next 5 years, a PE of 2000 can fly

mikeapollo:
So defending the naira, the national currency, is now a crime or a sin?
I don't get some of these fallacious generalization!

There is a limit to how long you can defend what is not defendable

It will come crashing at the appointed time

TA-inspired confusion.

Isn't market cap just share price x # shares outstanding?

Let me add more to your confusion: If you buy the entire equity, usually you pay a premium to the market cap -- what's known as "control premium."

Oya, kwantinu.

ositadima1:
I don’t think so. The market is pricing individual stocks, not market cap directly. When you buy DANGCEM at 1115, you are not thinking about a one-trillion-naira market cap; you are thinking about the current stock price in comparison to your own internal fair value.

I think market cap is mostly used for sensational headlines. Or do you first check market cap before valuing the business?

Streetinvestor2:
Madam of this thread is very passed now ...lol

Lol, we were basically putting in 2 to 3 million, watching the stock closely during the day for any weakness, and praying through the night for about 2 to 3 days, then collecting 20–30% and sneaking out fast. Subsidy money, fuel is ₦1,400 ooo.

Now Pa Ema has shut it down. We never once thought it was a long-term investment. You should have allowed us nah.

Agbalowomeri:
Your required courses in the universities have a pass mark of 30% and compulsory courses 40%. So?

That’s misleading. In most universities, the actual pass mark is 40% (usually an E), and consistently scoring low grades like E or even C can seriously affect your CGPA in the long run.

HesInMe:
TA-inspired confusion.

I don’t know. Do you check market cap, or do you first try to calculate fair value and then use it to enter a stock? Tell us your FA wisdom.

ZICHIS was heavily manipulated na. The only thing wey pain me is I no follow for the ride

emmanuelewumi:
The people recruited to defend the share price just like the way Emefiele defended the Naira will need to restrategize and pay more influencers.

I am surprised that insiders are not clearing the offers

Tor!!!! give up! Back in the mid-90s, my first attempt at JAMB, I scored 238, Mechanical Engineering Unilag, I got denied and I ended up in Yabatech. On my second attempt, I scored 274 and finally got in on merit. Back then, if you scored below 200, you could forget about getting into any Federal University. Times have truly changed.

Agbalowomeri:
Your required courses in the universities have a pass mark of 30% and compulsory courses 40%. So?

Na night school Agba go

GeeKudi:
In which school, sir? Per NUC standard, you must score 40% to have E in any course. Anything below that is F.

It's the same thing! Just like P/E is the same whether you use one share or the market cap.

PS. I updated my post above for kicks.

ositadima1:
I don’t know. Do you check market cap, or do you first try to calculate fair value and then use it to enter a stock? Tell us your FA wisdom.

AI to ti takeover

Shalom428:
Tor!!!! give up! Back in the mid-90s, my first attempt at JAMB, I scored 238, Mechanical Engineering Unilag, I got denied and I ended up in Yabatech. On my second attempt, I scored 274 and finally got in on merit. Back then, if you scored below 200, you could forget about getting into any Federal University. Times have truly changed.

emmanuelewumi:
There is a limit to how long you can defend what is not defendable

It will come crashing at the appointed time

There is no currency in the world that is not defendable, including the naira.
If you want to believe the useless and cluelesss propaganda of the current govt to justify their reckless devaluation of the naira, just say so. Period!.

Which university dey do required course pass mark of 30%? No be 40 - E be the least pass grade. Agba, na u dey behind this reduced cut-off mark.

Agbalowomeri:
Your required courses in the universities have a pass mark of 30% and compulsory courses 40%. So?

The style of this government na governance?Abeg I no want talk jare

mikeapollo:
There is no currency in the world that is not defendable, including the naira.
If you want to believe the useless and cluelesss propaganda of the current govt to justify their reckless devaluation of the naira, just say so. Period!.

HesInMe:
It's the same thing! Just like P/E is the same whether you use one share or the market cap.

Not really. Market cap is used to calculate the ASI index, and some people see it as the actual value of the business. My point is that it is not, and the ASI itself may be bloated by manipulated market caps.

While the price of a stock is what I can buy (or sell) it for right now based on available liquidity, market cap cannot be bought or sold immediately without liquidity taking a large portion of it away. It is theoretical, but the share price is real, as in, right now.

This man

emmanuelewumi:
Opportunity for long term investors to buy Zichis and average down

Make we no lie holders of Zichis when it crossed N10 knew they were playing a dangerous game or "ere gele".

Lol. But the next minute after you buy the one stock, I can buy it -- at a different price, because of liquidity, changes in investor outlook, corporate actions, etc. Is the stock price theoretical too?

Rest. Market cap is just stock price at scale. It can rise and fall for similar reasons.

ositadima1:
Not really. Market cap is used to calculate the ASI index, and some people see it as the actual value of the business. My point is that it is not, and the ASI itself may be bloated by manipulated market caps.

While the price of a stock is what I can buy (or sell) it for right now based on available liquidity, market cap cannot be bought or sold immediately without liquidity taking a large portion of it away. It is theoretical, but the share price is real, as in, right now.